Latest news with #Act712
The Star
7 days ago
- Business
- The Star
MYCC to hold second public consultation on digital economy study next week
KUALA LUMPUR: The Malaysia Competition Commission (MyCC) will have a public consultation for the draft final report on the Digital Economy Ecosystem Market Review on Tuesday, Aug 19, 2025, between 8.30am and 2pm, at Asian Institute of Chartered Bankers (AICB) Centre of Excellence here. In a statement today, MyCC said the initiative is conducted under section 11 of the Competition Act 2010 [Act 712], marking a pivotal development in MyCC's ongoing efforts to enhance competitive practices within Malaysia's dynamic digital ecosystem. It said the comprehensive market review evaluates potential barriers to effective competition across five key strategic sectors - mobile operating and payment systems, e-commerce (retail marketplace), digital advertising services, online travel agencies, and data privacy and protection (cross-cutting theme). "Following an extensive stakeholder engagement process which include focus groups, interviews with government agencies, industry players and associations, along with written submissions received during the public consultation on the interim report, MyCC has identified critical issues across market structure, competition and regulation. "These insights have shaped a comprehensive set of proposed recommendations that will be shared with relevant regulatory bodies for their consideration," it said. MyCC urged all relevant industry players including businesses and associations to attend and contribute at the public consultation session. "Participation is free of charge and interested parties are strongly encouraged to register by Aug, 18, 2025 to secure their seats," it said. The registration link: For more information, please visit or contact the secretariat; Competition Economics Division (CED) at ced-digitalmr@ or call +603-3009 3009. - Bernama
Barnama
7 days ago
- Business
- Barnama
MyCC To Hold Second Public Consultation On Digital Economy Study Next Week
KUALA LUMPUR, Aug 13 (Bernama) -- The Malaysia Competition Commission (MyCC) will have a public consultation for the draft final report on the Digital Economy Ecosystem Market Review on Tuesday, Aug 19, 2025, between 8.30am and 2pm, at Asian Institute of Chartered Bankers (AICB) Centre of Excellence here. In a statement today, MyCC said the initiative is conducted under section 11 of the Competition Act 2010 (Act 712), marking a pivotal development in MyCC's ongoing efforts to enhance competitive practices within Malaysia's dynamic digital ecosystem. It said the comprehensive market review evaluates potential barriers to effective competition across five key strategic sectors – mobile operating and payment systems, e-commerce (retail marketplace), digital advertising services, online travel agencies, and data privacy and protection (cross-cutting theme).
The Sun
08-07-2025
- Business
- The Sun
RM2.98 mln penalty for bid-rigging cartel in Putrajaya tenders
KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has imposed a total penalty of RM2.98 million on three companies for participating in a bid-rigging cartel involving maintenance work tenders in Putrajaya. The companies penalised are Abadi Malaysia Sdn Bhd, Kota Landskap Sdn Bhd, and Usia Maintenance Sdn Bhd. The cartel activities involved six tenders issued by Perbadanan Putrajaya (PPj) between 2018 and 2021, valued at nearly RM45 million. MyCC found the companies violated Section 4 of the Competition Act 2010 (Act 712) by coordinating bids through WhatsApp, email, and meetings. MyCC CEO Datuk Iskandar Ismail revealed that Abadi Malaysia acted as the coordinator, with tender documents prepared jointly by employees of all three companies at a single location. Evidence showed centralised document handling at Kota Landskap's premises. Investigations uncovered family and friendship ties among company directors, though no PPj officials were implicated. Usia Maintenance and Abadi Malaysia each won two tenders but were penalised for collusion in all six projects. Kota Landskap was found guilty for involvement in every tender submission. MyCC issued a Proposed Decision in September 2024 and reviewed company representations before finalising the penalty. Iskandar urged businesses to compete ethically, warning against collusion in procurement processes. The commission is currently investigating 14 other cases involving over 500 companies and RM2.3 billion in tenders. - Bernama
The Star
24-05-2025
- Business
- The Star
GPs warned against imposing new charges
PETALING JAYA: Private medical practitioners have been warned not to introduce new service-related charges as it could infringe the Competition Act 2010, says the Malaysia Competition Commission (MyCC). Its chairman Tan Sri Idrus Harun said the commission expressed grave concern over recent reports from multiple media outlets regarding proposals by associations of private medical practitioners in Sarawak, Penang, Selangor and Kuala Lumpur to impose the fees. 'These include additional fees such as prescription charges, registration fees, regulatory compliance charges and facility fees, either already implemented or currently under consideration. 'MyCC firmly maintains that any decision made by associations, including those representing private general practitioners (GPs) to introduce these additional fees, may infringe the Competition Act 2010 (Act 712),' he said in a statement yesterday. Under Section 4(2)(a) of the Act, GPs are considered 'enterprises' and any agreement between enterprises, including the decision by association to set prices or trading conditions may be deemed anti-competitive. 'Such conduct is categorised as a serious infringement. 'It constitutes a breach of the Act regardless of whether it is implemented or simply agreed upon,' Idrus added. He said when associations collectively agree to introduce new charges, such action may be interpreted as an agreement to fix trading conditions. 'Similarly, any recommendation of a price range, regardless of whether it is binding or not, may be regarded as the conduct of price fixing under Section 4 of the Act,' he said. Idrus said the MyCC urged the Society of Private Medical Practitioners Sarawak to retract its advisory issued to members encouraging the implementation of specific new fees. 'MyCC also calls upon the Private Medical Practitioners' Association of Selangor and Kuala Lumpur and the Penang Medical Practitioners Society to refrain from convening meetings or taking any steps that may result in collective decisions to fix fees or introduce uniform charges,' he said, adding that these actions may be considered infringements of the law. Should there be such breaches of the Act, the MyCC may impose a financial penalty of up to 10% of its worldwide turnover for the duration of the infringement.
The Sun
23-05-2025
- Business
- The Sun
Private medical practitioners' proposal potentially violates Competition Act: MyCC
PETALING JAYA: The Malaysia Competition Commission (MyCC) has warned that proposals by private medical practitioner associations in several states to implement new service charges could potentially breach the Competition Act 2010. This comes in response to reports that several associations representing private medical practitioners are looking to introduce new service charges including prescription and registration fees, regulatory compliance charges, and facility usage fees some of which may have already been implemented or are under review. MyCC chairman Tan Sri Datuk Seri Idrus Harun said such practices are considered serious violations and are commonly referred to as cartel activities, which are illegal regardless of whether the pricing agreement has been implemented or merely agreed upon. 'These additional charges reportedly include prescription fees, registration fees, regulatory compliance charges, and facility usage fees, which may already be in effect or currently under consideration. 'MyCC stated firmly that any collective decision by associations representing general practitioners (GPs) or private doctors to introduce such charges could be in violation of the Competition Act 2010 (Act 712),' he said in a statement. Idrus added under Section 4(2)(a) of the Act, private doctors and GPs are regarded as 'enterprises,' and any agreement between enterprises including decisions by associations to fix prices or trading terms may constitute anti-competitive conduct. 'If any association or organisation collectively agrees to introduce new charges, it may be interpreted as a price-fixing arrangement. Even non-binding pricing recommendations could be deemed price-fixing under Section 4 of the Act,' he said. The Sarawak Private Medical Practitioners' Society (SPMPS), the Private Medical Practitioners' Association of Selangor and Kuala Lumpur (PMPASKL), and the Penang Medical Practitioners' Society (PMPS) have been specifically cautioned about the possibility of violating Competition Act. MyCC urged SPMPS to withdraw its advisory encouraging members to implement these new charges. PMPASKL and PMPS have also been advised not to hold any meetings or make decisions that could result in the uniform imposition of new charges, as this could be considered a breach of the law. 'Under the Competition Act 2010, any enterprise found guilty of violating the Act may face financial penalties of up to 10% of its global turnover during the period of infringement. 'MyCC will not hesitate to initiate investigations and take strict enforcement actions against any parties involved in anti-competitive conduct,' said Idris. He further stressed MyCC is closely monitoring the situation and called on all stakeholders in the healthcare sector to fully comply with competition laws. 'MyCC reaffirms its commitment to promoting a competitive, healthy, and transparent marketplace for the benefit of consumers and the integrity of Malaysia's economy,' he added.
